BNB Chain has become the largest blockchain custody network for Franklin Templeton’s Benji platform, holding about $1.5 billion in tokenized money market fund assets. That amount represents 61.7% of the platform’s total $2.44 billion in assets under management, putting BNB Chain ahead of both Stellar and Ethereum by share. The platform, however, remains multi-chain and has not shifted entirely onto a single network. The change in asset distribution points to a broader institutional preference for lower-cost, higher-throughput blockchains in real-world asset settlement. In this setup, transaction fees and execution efficiency are emerging as key considerations when institutions choose the underlying network for tokenized products.
BNB Chain has become the largest blockchain custody network for Franklin Templeton’s Benji platform, according to Techub News. It currently holds about $1.5 billion in tokenized money market fund assets, equal to 61.7% of the platform’s total $2.44 billion in assets under management. That share is larger than the portions held on Stellar and Ethereum.
Benji still operates with a multi-chain structure and has not fully moved to a single network.
The shift in asset allocation suggests that low-cost, high-throughput blockchains are gaining ground in institutional real-world asset, or RWA, settlement. Transaction costs and execution efficiency have become important factors in how institutions pick the base network for these products.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.
